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Author Topic: Alt Coin Fund?  (Read 345 times)
titus
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May 28, 2014, 02:52:51 PM
 #1

There are a lot of alt coins, with new ones coming up every day.  I don't have time to track them - which ones are interesting, which ones are experiencing a surge in price, etc - so I was wondering if there are any funds out there where I can just deposit some BTC, and the fund invests in new/good alt-coins looking to generate a profit.  Does it exist?
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lynn_402
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May 28, 2014, 04:16:12 PM
 #2

There has been a few on Cryptostocks. Unfortunaly, all of them ended up being scams. It is a lot safer to do your own research and invest long-term on 2 or 3 coins you think has potential, rather than trusting an anonymous fund.

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May 28, 2014, 04:43:27 PM
 #3

disagree with the do you're own due diligence dismissal above

I am interested in this concept.

It is smart to have a IPO Alt Coin Fund.

I'd suggest a roundtable/grannie investor weekly compare notes.
Make calls.  Grade past calls. (have a scoreboard)

Hold the stocks yourself / or have collateralize custodians
(it's easy to set up a mostly no trust needed system)

1. you need good intel so it requires homework.
2. there has to be metrix / rules (aka formula)

this is worth exploration.  

OP you game to facilitate and moderate?  

Anyone interested bump in below.

PS (got be launch mining) IPOs almost always go south before north

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